Shanghai Phoenix Enterprise (Group) Co., Ltd. designs, develops, manufactures, and sells bicycles in China. It is also involved in real estate development and construction activities; and quasi-financial business. The company also exports its products to Europe, Latin America, and the United States. The company was formerly known as Jinshan Development & Construction Co., Ltd. and changed its name to Shanghai Phoenix Enterprise (Group) Co., Ltd. in January 2016. Shanghai Phoenix Enterprise (Group) Co., Ltd. is based in Shanghai, China.
Shanghai Phoenix Enterprise Dividend Announcement
• Shanghai Phoenix Enterprise announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-21
• Shanghai Phoenix Enterprise annual dividend for 2024 was ¥0.02
• Shanghai Phoenix Enterprise's trailing twelve-month (TTM) dividend yield is 0.21%
• Shanghai Phoenix Enterprise's payout ratio for the trailing twelve months (TTM) is 11.50%
Shanghai Phoenix Enterprise Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-21 | ¥0.02 | annually | 2024-10-21 |
2022-07-06 | ¥0.06 | annually | 2022-07-06 |
2021-06-04 | ¥0.04 | annually | 2021-06-04 |
1995-05-15 | ¥0.33 | annually |
Shanghai Phoenix Enterprise Dividend per year
Shanghai Phoenix Enterprise Dividend Yield
Shanghai Phoenix Enterprise current trailing twelve-month (TTM) dividend yield is 0.21%. Interested in purchasing Shanghai Phoenix Enterprise stock? Use our calculator to estimate your expected dividend yield:
Shanghai Phoenix Enterprise Financial Ratios
Shanghai Phoenix Enterprise Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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